Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Sees Strong Trading Volume – Time to Buy?

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) shares saw an uptick in trading volume on Tuesday . 648,206 shares changed hands during mid-day trading, an increase of 256% from the previous session’s volume of 181,841 shares.The stock last traded at $33.00 and had previously closed at $32.99.

Franklin International Core Dividend Tilt Index ETF Stock Performance

The company has a market cap of $1.17 billion, a price-to-earnings ratio of 15.15 and a beta of 0.71. The company has a 50-day simple moving average of $31.67 and a 200-day simple moving average of $31.70.

Hedge Funds Weigh In On Franklin International Core Dividend Tilt Index ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Harbour Investments Inc. increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 31.8% in the third quarter. Harbour Investments Inc. now owns 70,165 shares of the company’s stock valued at $2,327,000 after buying an additional 16,936 shares in the last quarter. Savvy Advisors Inc. raised its position in Franklin International Core Dividend Tilt Index ETF by 7.5% during the third quarter. Savvy Advisors Inc. now owns 9,858 shares of the company’s stock worth $327,000 after acquiring an additional 691 shares during the last quarter. CAP Partners LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter valued at about $421,000. LPL Financial LLC grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% in the third quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock valued at $130,424,000 after purchasing an additional 255,340 shares during the last quarter. Finally, FMR LLC increased its stake in shares of Franklin International Core Dividend Tilt Index ETF by 524.0% during the 3rd quarter. FMR LLC now owns 7,220 shares of the company’s stock worth $239,000 after purchasing an additional 6,063 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.